The two companies have submitted a Project Application Report to the government, Dow Chemical said, adding that discussions with relevant stakeholders are ongoing as the two partners continue to advance the project."
The new complex, valued at $10 billion, is expected to consist of a 3.32 million mt/year methanol plant, a 1.22 million mt/year methanol-to-olefins unit, a 400,000 mt/year monoethylene glycol plant, a 210,000 mt/year ethanolamines/ethylenediamines facility, a 340,000 mt/year polyether polyols
unit and a 150,000 mt/year acrylic acid facility.
Other units expected to be built are a 200,000 mt/year acrylic ester plant, a 200,000 mt/year chlorinated methane unit, a 510,000 mt/year ethylene dichloride/vinyl chloride monomer plant and a 500,000 mt/year polyvinyl chloride plant.
Plans called for the plant to begin operations in 2016 after both Dow Chemical and state-owned Shenhua Group completed a detailed feasibility study on the complex at end-2009.
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